Director at Par Pacific (NYSE: PARR) receives 385-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clossey Timothy reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Timothy Clossey received a grant of 385 shares of common stock as restricted stock, valued at $64.89 per share. These shares will vest in full and be delivered on April 5, 2027.
Following this equity award, Clossey directly holds 75,462 shares of Par Pacific common stock, indicating this grant is a modest, compensation-related addition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clossey Timothy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 385 | $64.89 | $25K |
Holdings After Transaction:
Common stock — 75,462 shares (Direct)
Footnotes (1)
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Key Figures
Restricted shares granted: 385 shares
Grant value per share: $64.89 per share
Shares held after grant: 75,462 shares
+1 more
4 metrics
Restricted shares granted
385 shares
Equity award to director Timothy Clossey
Grant value per share
$64.89 per share
Reference price for restricted stock grant
Shares held after grant
75,462 shares
Clossey’s direct Par Pacific holdings following transaction
Vesting date
April 5, 2027
Date when restricted shares vest and are delivered
Key Terms
restricted stock, vest in full, Form 4
3 terms
restricted stock financial
"Represents a grant of restricted stock received by the reporting person."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest in full financial
"The shares will vest in full and be delivered on April 5, 2027."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Par Pacific (PARR) report for Timothy Clossey?
Par Pacific reported that director Timothy Clossey received a grant of 385 restricted shares of common stock. The award is compensation-related, not an open-market purchase, and increases his direct holdings to 75,462 shares after the transaction.
At what price was Timothy Clossey’s Par Pacific (PARR) stock grant valued?
Timothy Clossey’s restricted stock grant was valued at $64.89 per share. This value reflects the reference price used in the Form 4 and applies to the 385 shares of Par Pacific common stock granted to him as compensation.
Is Timothy Clossey’s Par Pacific (PARR) transaction a stock purchase or a grant?
The transaction is a grant of restricted stock, not an open-market stock purchase. The Form 4 classifies it as an acquisition by grant or award, with 385 Par Pacific common shares valued at $64.89 each granted as equity compensation.